KYIV. Jan 16 (Interfax-Ukraine) – Lozova Machinery (the brand of tillage machines made by UPEC Group’s enterprises, Kharkiv region) posted an 80% rise in sales in 2016, to over UAH 250 million, the press conference of UPEC has reported.
“Sales grew thanks to expansion of the range of products, active participation in exhibitions and events and improvement of warranty servicing. The number of servicing employees, the number of teams and servicing vehicles was increased,” the press service said, citing Sales Director of UPEC’s agricultural division Oleksandr Tytov.
Marketing Director of the agricultural division Olha Babkova said that products of Lozova Machinery were actively promoted outside Ukraine.
“The brand is being sold in two strategic directions: CIS and Eastern Europe markets. Thanks to participation in exhibitions and holding demonstration tours we have managed to boost sales and expand the dealer chain in these regions,” Babkova said.
KYIV. Jan 13 (Interfax-Ukraine) – Sugar production in Ukraine in 2016/17 agricultural year (September-August) increased by 40.5%, to 2.008 million tonnes compared to the previous season, the national sugar producers association Ukrtsukor has said.
According to the report, 42 sugar refineries refined 13.66 million tonnes of sugar beets.
The association said that this year was favorable for Ukrainian sugar producers. Due to bad harvest in Brazil and India and the favorable situation on the global market, Ukrainian producers managed to supply almost 470,000 tonnes of sugar to foreign markets, mainly to Sri Lanka, Georgia and Tunisia.
“Taking this into consideration, according to our projections areas planted with beets would expand in 2017 and the share of sugar beets of total planted areas would return to the previous indicators. There is confirmed information from large producers that areas planted with sugar beets are expanded,” the association said.
As reported, referring to Ukrtsukor, Ukraine in 2015/16 agri-year exported 113,000 tonnes of sugar and this was 3% more than a year ago.
KYIV. Jan 13 (Interfax-Ukraine) – PJSC Ukrhydroenergo on December 23 signed an agreement with Germany’s Andritz Hydro for the reconstruction of three units at Dniprovska hydropower plant for EUR53.59 million and UAH 151.451 million (including VAT), the press service of the Ukrainian company has said.
In addition, on December 30 Ukrhydroenergo signed a contract with PJSC Turboatom for the reconstruction of three units at Kyivska hydroelectric power plant (HPP) for UAH 562.431 million (including VAT).
The work under both contracts is to be completed in 2021.
The reconstruction is carried out in the framework of the third phase of the Rehabilitation of HPP joint project with the EBRD and the EIB. Contractors were selected during two-stage international competitive bidding.
The EBRD and the EIB plan to issue EUR 200 million each for the project.
KYIV. Jan 13 (Interfax-Ukraine) – Real estate investment projects of Kyiv City will be exhibited at the MIPIM, the premier real estate event to be held on March 14 through March 17 in Cannes (France), Kyiv City Administration reported on Thursday.
“This year the city is preparing own stand of 37.64 square meters. The most interesting and promising real estate investment projects of Kyiv and leading developing companies will be presented there,” the administration said. URE Club (Kyiv) is designing the program and providing media support for Kyiv’s participation in MIPIM 2017.
Around 5,000 international investors will be able to study the real estate investment projects of Kyiv. This would help to form the positive investment image of Kyiv and attract additional investment to the real estate sphere of the city.
MIPIM presents all market segments: office, residential, tourist, hotel, commercial, logistics real estate and infrastructure projects.
Kyiv participates in the MIPIM exhibitions since 2005.
